[Nikkei Stock Average and TOPIX (Table)]

Nikkei average; 39,636.87; +255.98

TOPIX; 2,720.57; +7.90

[Sector]: Mining, insurance, banking, transportation equipment, wholesale trade, etc. are the top decliners, while pharmaceuticals, precision instruments, and electric and gas industries rose. The turnover of the Tokyo Stock Exchange Prime includes Laser Tech <6920>, Mirrors HD <8897>, Kawasaki Shipbuilding <9107>, Dai-ichi Life HD <8750>, Recruit HD <6098>, Marubeni <8002>, Mitsui & Co. <8031>, Honda <7267>, SMC <6273>, INPEX <1605>, Nissan Motor <7201>, and Nomura <8604>, all of which fell. Meanwhile, Nitori Holdings <9843>, Rakuten Group <4755>, and Daiichi Sankyo <4568>, among others, have risen.

On the 11th, the Nikkei average started trading on a 3-day rise with an increase of 255.98 yen to 39,636.87 yen. The U.S. stock market on the 10th fell. The Dow Jones Industrial Average closed at 42,454.12 dollars, down by 57.88 dollars, while the Nasdaq closed at 18,282.05, down by 9.57 points. The Consumer Price Index (CPI) exceeded expectations, leading to a decline after opening due to the swift retreat of the Federal Reserve's rate cut expectations. The sharp increase in weekly initial jobless claims due to a major hurricane also led to a deterioration in economic outlook, further adding to the selling pressure and continued decline. The rise of Nvidia, a semiconductor company leading in artificial intelligence (AI), provided overall market support and narrowed the decline towards the end.

Buying dominated the Tokyo stock market today. Despite the U.S. Consumer Price Index (CPI) for September exceeding expectations, the limited response in the U.S. stock market brought a sense of relief to the Tokyo market. Additionally, Berkshire Hathaway, led by renowned investor Warren Buffett, decided on the issuance conditions for yen-denominated bonds, which also contributed to the expectation of Japanese stock market investment as a supporting factor for stock prices. On the other hand, the slight decline in major indices in the U.S. stock market yesterday weighed on stock prices in Tokyo. The continued upward trend in U.S. long-term interest rates in overseas markets also became a factor causing buyers to hold back, but buying predominated in the initial stages. Today is the special clearing index (SQ) calculation day for the stock index futures options for October. The preliminary calculation of the SQ value was 39,701.93 yen. In addition, Alt<260A> listed on the TSE Growth.

By sector, banking, insurance, mining, iron & steel, oil & coal products, etc., are among the top gainers, while food, real estate, other financing business, metal products, glass & ceramics products, and others rank high in the top decliners. In terms of trading value at TSE Prime, companies like First Retailing<9983>, Chugai Pharma<4519>, Fujikura<5803>, Advantest<6857>, Recruit Holdings<6098>, Sumitomo Mitsui<8316>, Aeon<8267>, IHI<7013>, Mitsubishi UFJ<8306>, Mizuho<8411>, Mitsui OSK Lines<9104>, among others, are rising. On the other hand, Seven & i Holdings<3382>, Fujitsu<6702>, Astellas Pharma<4503>, KDDI<9433>, Canon<7751>, Kyocera<6971>, JT<2914>, Murata Manufacturing<6981>, Takeda Pharma<4502>, Shin-Etsu Chemical<4063>, Terumo<4543>, are among those that are falling.